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Oil unchanged as Middle East worry cancels US stock build

The deadlock in Gaza ceasefire talks renews uncertainty about the security of supply, offsetting increase in US crude inventories ....

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Oil Futures Settle Notably Higher, Post Strong Weekly Gain

After posting losses in the previous two sessions, oil futures recovered and closed higher on Thursday, lifted by likely drop in supply levels due to OPEC+ production cuts and continued attacks by Ukraine on Russian oil facilities. ....

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Oil rises more than $1/bbl as OPEC+ mulls extending output cuts

Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second quarter to provide additional support. Brent crude futures rose $1.12, or 1.4%, to $83.65 a barrel, while U.S. West Texas Intermediate crude futures (WTI) were up $1.29, or 1.7%, at $78.87. "We are going to see some tight supplies down the road," said Dennis Kissler, senior vice president of trading at BOK Financial. ....

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Oil Steadies as Investors Weigh Tight Market and Soft Demand

(Bloomberg) Oil dipped in Asian trading as investors weighed signs of a tightening market against persistent concerns around demand.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Brent slipped toward $83 a barrel after ....

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Oil Steadies After Large Decline as US Crude Inventories Rise

(Bloomberg) Oil held a loss after data showed US crude inventories jumped by the most since November, keeping benchmarks in this year’s narrow range.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Musk Says Putin Can’t Lose in Ukraine, Opposes Senate BillWest Texas Intermediate trade ....

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